'Pay the Goldman family': Internet says as OJ Simpson estate executor opens up about late star's finances
LOS ANGELES, CALIFORNIA: In a surprising twist following OJ Simpson's death, revelations about the late NFL star's financial situation have emerged.
According to his longtime attorney, Malcolm LaVergne, Simpson's estate is not as flush with cash as many might have presumed. Speaking exclusively to TMZ Live, LaVergne said that Simpson had less than a six-figure sum in one Nevada bank account at the time of his death, and his overall net worth amounted to less than millions.
OJ Simpson's income fell short of reported $400K per year
Despite receiving maximum social security benefits and pensions from his football and acting careers, Simpson's income fell short of the reported $400,000 per year. LaVergne emphasized that while Simpson lived comfortably during his post-prison life in Nevada, his finances were not as substantial as some might assume.
LaVergne further revealed that Simpson's home contains signed memorabilia that could potentially be sold off to generate additional funds for his estate. He noted that while some might view these items as insignificant, collectors fascinated with Simpson might be willing to pay significant sums for them.
This disclosure comes amidst a significant shift in LaVergne's stance towards the Goldman family, particularly Ron Goldman's father, Fred. Despite previous statements suggesting the Goldmans would receive nothing from Simpson's estate, LaVergne now expresses willingness to meet with Fred and comply with legal obligations.
The Goldmans and Browns were awarded $33.5 million in a 1997 wrongful death lawsuit against Simpson, a figure that has since ballooned to over $100 million with interest. LaVergne, who previously served as Simpson's attorney before becoming executor of his estate, acknowledges Fred Goldman's valid claim and intends to initiate discussions in the coming weeks to assess the financial resources available.
There may be limited resources available for distribution, a reality that may not align with Fred Goldman's longstanding pursuit of justice and financial restitution.
Internet says OJ Simpson's estate money should go to Goldman family
Following revelations about OJ Simpson's estate finances and the ongoing legal implications, social media has been abuzz with users expressing different opinions and perspectives.
One user questioned the timing of the Goldman family's expectations saying, "I’m interested to know why the Goldman Family expects money now when they didn’t get it for 30 years. What good is the money now."
Another user emphasized the legal aspect, stating "It doesn’t matter, legally any money his estate makes should go towards the civil suit".
In contrast, a different user took a firm stance, asserting that even if Simpson's estate possesses minimal assets, every penny should be allocated to the Goldman family as part of the legal obligation, "If he has a penny then it should go to the Goldman family"
Another user wrote, "OJ had a trust set up, people need to look up what a trust protects! Most people with money get a trust to protect their assets from debts, lawsuits, and family members who try to contest wills. It’s going to be hard to get money from his estate with that trust set up."
"Poor Simpson family. RIP OJ" said another user.
This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.